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European Services, Manufacturing Contract for Eighth Month
Europe’s manufacturing and service industries contracted for an eighth month in January as the global recession curbed demand for exports and damped spending.
17 votes
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Gold, platinum rise on brisk buying
Precious metals including gold and platinum advanced in early Asian trade Friday as investors sought a store of value amid tumbling equity markets.
28 votes
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Base Metals lost 65% of their value in one year
Base metals once used to be the hottest commodities as the world was witnessing a construction, retail and information technology boom in the last few years. But in the last one year, base metals like nickel, copper, aluminium and zinc have been
27 votes
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Yen Set for Best Week Versus Pound in 3 Months
The yen headed for its biggest weekly gain in three months against the pound and approached the strongest since 1995 versus the dollar as concern the global slowdown will worsen spurred investors to buy Japan’s currency.
24 votes
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Swiss Franc Grows against Euro
The appeal for the stock markets declined and the low-yielding assets became more attractive, boosting the demand for the Swiss franc against the Euro for a second day, today.


